How much funding can be received?

Funds up to 80% of admissible expenses.

What is the deadline to apply?

The program is accepting continuous intake

Who are the financial supporters of the AgriStability?

AgriStability is funded by Agriculture and Agri-Food Canada (AAFC), Government of Canada

AgriStability

Canada

Insurance to protect farming operations

grant_single_labels|summary

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grant_single_labels|projects

grant_single_labels|admissibility

grant_single_labels|criteria

grant_single_labels|register

grant_single_labels|summary

grant_single|eligibleFinancing

grant_single|projectCostPercent

grant_single|deadlines

grant_single|openingDateJanuary 01, 2023
grant_single|closingDateDecember 31, 2023

grant_single|financingType

Grant and Funding

grant_single|eligibleIndustries

Agriculture, forestry, fishing and hunting

grant_single|grantors

Agriculture and Agri-Food Canada (AAFC)
Government of Canada

grant_single|status

grant_card_status|closed

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Get financial support to help manage large income declines caused by production loss, increased costs or market conditions.

grant_single_labels|projects

There are project or activities eligible for this grant.

Projects that protect Canadian producers against large declines in farming income for reasons such as production loss, increased costs, and market conditions
Activities that help producers manage large income declines effectively

grant_single|admissibleProjectsExample

$40,000

Kelowna

Purchase of advanced pest control systems to minimize crop damage and loss

$100,000

Montreal

Implementation of precision agriculture technologies to mitigate unpredictable market conditions

$50,000

Calgary

Implementing advanced irrigation systems to reduce production loss due to drought

$150,000

Victoria

Establishing on-site renewable energy sources to reduce operational costs in farming

$35,000

Saskatoon

Implementing soil health management practices to curb production decline

$30,000

Winnipeg

Upgrading storage facilities to prevent post-harvest losses and ensure market stability

grant_single_labels|admissibility

Must be a Canadian producer
Must enroll in the program, pay the fee, and submit forms by applicable deadlines

grant_eligibility_criteria|who_can_apply

AgriStability is available for Canadian agricultural producers who face significant income declines due to production loss, increased costs, or market conditions. Eligible types of companies include:

Farms
Agricultural businesses
Ranches
Producers of crops or livestock

grant_single_labels|criteria

There are evaluation and selection criteria for the AgriStability grant.

Eligibility based on farm income and production losses.
Submission of required forms and fees by specified deadlines.
Compensation rate calculation based on historical reference margins.
Participation in the program and adherence to program guidelines.

grant_single_labels|register

Step 1: Learn about the changes for the 2024 program year
- Final deadline for submitting AgriStability program forms will change
- New optional program features will be available
Step 2: Complete the short survey on experiences with the AgriStability program
- Responses remain anonymous
- Deadline to complete the survey is May 31, 2024
Step 3: Late participation option for Nova Scotia producers affected by floods and fires in 2023
- Enrol even after the deadlines as a late participant for the 2023 program year
Step 4: Understand the compensation increase and benefit estimator
- Compensation rate under AgriStability increases from 70% to 80%
- Use the AgriStability Benefit Estimator to calculate an estimated benefit

Apply to this program

AgriStability Program Summary

The AgriStability program offers Canadian producers protection against significant declines in farming income due to various factors like production loss, increased costs, and market conditions. It is a margin-based program that helps manage income declines, with a compensation rate of up to 80% for eligible participants.

Understanding the AgriStability Program in Canada

The AgriStability program, part of the Sustainable Canadian Agricultural Partnership (Sustainable CAP), aims to safeguard agricultural producers in Canada from substantial income decreases caused by diverse challenges in the farming industry. This program plays a crucial role in supporting farmers facing financial uncertainties due to factors like production fluctuations, rising costs, or unfavorable market conditions. By enrolling in AgriStability each year, producers can secure financial assistance in the form of compensation if their production margin falls below the historical reference margin by over 30%. AgriStability operates on the principle of covering 80% of the loss for every dollar below the predetermined threshold, providing a safety net for eligible participants. The program underwent significant changes starting from the 2023 program year, increasing the compensation rate from 70% to 80%, thus offering enhanced support to farmers during challenging times. Participants can utilize the AgriStability Benefit Estimator tool to estimate potential benefits and gain a better understanding of how the program functions, aiding them in making informed decisions regarding enrollment. It is essential for Canadian producers to stay informed about the program's requirements, deadlines, and eligibility criteria to leverage the benefits effectively. AgriStability is a valuable resource for farmers across various provinces in Canada, offering financial stability and risk management tools to mitigate the impact of income fluctuations within the agricultural sector. By enrolling in AgriStability, producers can access financial support that helps them navigate unforeseen challenges and uncertainties, ensuring the sustainability of their farming operations. The program's goal is to provide a safety net for agricultural producers, contributing to the overall resilience and stability of the Canadian farming industry. Through AgriStability, farmers can access crucial financial assistance that bolsters their ability to withstand economic uncertainties, supporting the long-term viability of their operations. Producers are encouraged to explore the program's features, benefits, and resources to make informed decisions about participation, ultimately enhancing their financial security and risk management capabilities in the dynamic agricultural landscape.